Gleaming rise and sudden retreat: How Rajesh Mehta landed in Sebi crosshairs

Rajesh Mehta, once a prominent figure in Karnataka’s jewellery scene with brands like Shubh and Laabh, has seen his retail ventures wind down amidst Sebi investigations. His journey began with gold refining and manufacturing, evolving into a global player after acquiring Swiss refinery Valcambi. A planned advanced display manufacturing facility in Telangana also faces uncertainty due to ongoing probes.